NEW YORK (Mar. 2, 2015) – Bill Gates (No. 1) was once again on top as the world’s richest person on FORBES’ 29th annual ranking of the world’s billionaires in the Mar. 23, 2015 issue of Forbes magazine; the technology guru has topped the list for 16 of the last 21 years, with a current net worth of $79.2 billion, up from $76 billion in 2014.For the second consecutive year Gates beat out telecom mogul Carlos Slim Helu (No. 2) whose net worth increased to $77.1 billion from $72 billion last year. Warren Buffett (No. 3) moved up one slot, with a net worth of $72.7 billion, ahead of Spanish clothing retailer Amancio Ortega (No. 4) (best known for the Zara fashion chain), who increased his net worth $500 million for a total of $64.5 billion.Oracle’s Larry Ellison (No. 5) remained in the fifth spot; his net worth increased to $54.3 billion.

A record 1,826 billionaires (up from 1,645 in 2014) made the list, with an average net worth of $3.86 billion (down $60 million from $3.92 billion in 2014).

Added together, the total net worth for this year’s billionaires was $7.05 trillion, up from $6.4 trillion last year.

1,191 members, or roughly two-thirds of the list, were self-made billionaires. 230 inherited their wealth; another 405 inherited at least a portion but are still growing it.

Compared to last year’s list, Mark Zuckerberg (No. 16), with a net worth of $33.4 billion, made it into the top 20 for the first time.

American gambling tycoon Sheldon Adelson (No. 18) dropped out of the top ten from eighth place last year. His net worth dropped by $6.6 billion, more than anyone else in the U.S. China’s government crackdown on graft led to the sudden halt of the explosive gambling industry in Macau, where Las Vegas Sands boss Adelson controls 57 million square feet of resort space in the Asian gambling mecca.

Currency markets and political turmoil have had a significant effect on this year’s list, and a strong dollar helped the U.S. while fortunes in Europe decreased due to a weaker euro versus the US$.

Gainers/Losers

The biggest net worth gainer was Warren Buffett (No. 3), whose fortune increased by $14.5 billion for a total net worth of $72.7 billion, as Buffett’s Class A Berkshire Hathaway stock eclipsed $200,000 per share for the first time and continued to climb.

A record number of women made the list this year: 197 versus 172 in 2014, representing an increase of 15%. 29 of these women are self-made billionaires.

The U.S. boasted the most women billionaires on the 2015 list, with 67, followed by Germany with 19 and Brazil with 13.

Christy Walton (No. 8) is the highest-ranked woman on the list for the second year in a row, with a net worth of $41.7 billion.

Newcomers/Drop-Offs

This year 290 billionaires were new to the list, another record number, beating out a prior high of 268 newcomers in 2014.

China had the most newcomers, adding 71 to the list. 57 newcomers were from the U.S., 28 from India, and 23 from Germany.

A notable newcomer included the world’s youngest billionaire, Evan Spiegel (No. 1250), age 24, of the U.S., with a net worth of $1.5 billion.

The most recognizable athlete of all time, Michael Jordan (No. 1741), is new to the billionaires list, thanks to his well-timed investment in the Charlotte Hornets. He acquired a majority stake in 2010 for $175 million and increased his ownership to 90% in 2013. Then NBA franchise values shot up last year, following the sale of the LA Clippers to Steve Ballmer for $2 billion. Other NBA owners in the billionaire ranks include the Houston Rockets’ Leslie Alexander (No. 1190), a returnee to the list, with a net worth of $1.6 billion and the Chicago Bulls’ Jerry Reinsdorf (No. 1415), a newcomer to the list, with a net worth of $1.3 billion.

The industry with the most newcomers is food and beverage with a total of 46 billionaires, followed by manufacturing with 38 and healthcare with 34.

California has 131 billionaires, including 23 who are new to the list. Of those newcomers, 9 are under 40 and 7 reside in the Silicon Valley area; 2 are non-U.S. nationals who live in California.

Russia fell back with the greatest number of drop-offs, 28, from a total of 111 billionaires in 2014.

Notably missing from this year's list was U.S. fashion designer Michael Kors and Ukraine President Petro Poroshenko.

Altogether, 138 people dropped out of the rankings, while 19 passed away.

By Country

Thanks to the tech boom and a strong dollar in the currency markets, the U.S. led with the greatest number of billionaires, with 536, followed by China with 213, Germany with 103, India with 90 and Russia with 88. California has 131 billionaires, more than any country besides the U.S. and China.

Regionally, Asia-Pacific boasted the most billionaires, with 562 billionaires, followed by the United States with 536 and Europe with 482.

Wealth is stretching to new corners of the world, with one new country, Guatemala, represented on the list with new billionaire Mario Lopez Estrada (No. 1741). Iceland returns to the list this year, with billionaire Thor Bjorgolfsson (No. 1415).

Top 20

The Top 20 billionaires have a combined net worth of $899 billion, up from $838.6 billion in 2014:

RANK

NAME

NET WORTH

UP/DOWN FROM 2014

ORIGIN OF WEALTH

COUNTRY (by citizenship)

1

Bill Gates

$79.2 bil

Up

Microsoft

U.S.

2

Carlos Slim Helu & family

$77.1 bil

Up

Telecom

Mexico

3

Warren Buffett

$72.7 bil

Up

Berkshire Hathaway

U.S.

4

Amancio Ortega

$64.5 bil

Up

Retail

Spain

5

Larry Ellison

$54.3 bil

Up

Oracle

U.S.

6

Charles Koch

$42.9 bil

Up

Diversified

U.S.

6

David Koch

$42.9 bil

Up

Diversified

U.S.

8

Christy Walton & family

$41.7 bil

Up

Wal-Mart

U.S.

9

Jim Walton

$40.6 bil

Up

Wal-Mart

U.S.

10

Liliane Bettencourt

$40.1 bil

Up

L'Oreal

France

11

Alice Walton

$39.4 bil

Up

Wal-Mart

U.S.

12

S. Robson Walton

$39.1 bil

Up

Wal-Mart

U.S.

13

Bernard Arnault

$37.2 bil

Up

LVMH

France

14

Michael Bloomberg

$35.5 bil

Up

Bloomberg LP

U.S.

15

Jeff Bezos

$34.8 bil

Up

Amazon.com

U.S.

16

Mark Zuckerberg

$33.4 bil

Up

Facebook

U.S.

17

Li Ka-shing

$33.3 bil

Up

Diversified

Hong Kong

18

Sheldon Adelson

$31.4 bil

Down

Casinos

U.S.

19

Larry Page

$29.7 bil

Down

Google

U.S.

20

Sergey Brin

$29.2 bil

Down

Google

U.S.

Methodology

The FORBES Billionaires list is a snapshot of wealth taken on Feb. 13, 2015, when stock prices and exchange rates were locked in from around the world. It lists individuals rather than multigenerational families who share large fortunes. In some cases siblings and couples are listed together if the ownership breakdown among them isn’t clear; however, they still must be worth a minimum of $2 billion together to make the cut.